BILL ANALYSIS Ó ACR 99 Page 1 ASSEMBLY THIRD READING ACR 99 (Fuentes) As Amended March 21, 2012 Majority vote RULES 6-4 ----------------------------------------------------------------- |Ayes:|Skinner, Alejo, Butler, | | | | |Carter, Davis, | | | | |Williams | | | | | | | | |-----+--------------------------+-----+--------------------------| |Nays:|Silva, Donnelly, Hagman, | | | | |Nielsen | | | | | | | | ----------------------------------------------------------------- SUMMARY : Recognizes September 2012 as National Coupon Month and acknowledges the value of coupons in achieving significant savings for California's consumers. Specifically, this resolution makes the following legislative findings: 1)According to the U.S. Mid-Year 2011 Consumer Packaged Goods Coupon Industry Facts Report, consumers saved $2 billion in the first six months of 2011 by using coupons. 2)Sixty percent of consumers are becoming more focused on the price of groceries as gas prices climb; and, 78% of consumers report using coupons regularly. 3)Fifty-eight percent of consumers use cents off coupons received in the mail, newspapers, or magazines; and, 75% of consumers who consider the Internet to be their primary advertising source are now using coupons in newspaper inserts. 4)In 2010, marketers once again distributed more consumer packaged goods (CPG) coupons than the prior year reaching the largest single-year distribution quantity ever recorded in the United States; and, CPG marketers continued to allocate the largest share of coupons distributed to the free-standing insert in the first half of 2011. FISCAL EFFECT : None ACR 99 Page 2 Analysis Prepared by : Anna McCabe / RLS. / (916) 319-2800 FN: 0003212